Only two per cent of Dubai residents left to get mandatory insurance cover
As the deadline for mandatory health insurance in Dubai looms, the emirate’s health watchdog has claimed that 98 per cent of residents have secured coverage.
With more than 4 million currently benefiting from insurance, only two per cent are left to go before the December 31 deadline, Dubai Health Authority (DHA) said on Monday in a statement sent out to the media.
DHA had made it compulsory to have an insurance cover for every visa holder in the emirate under Health Insurance Law No. 11 of 2013 by June 30, 2016.
However, it offered a grace period of six months for companies with less than 100 employees and for dependents in the third and final phase of implementing the law.
In the first phase of implementing the Mandatory Health Insurance Scheme ISAHD (Bringing Happiness), companies with more than 1,000 staff were asked to comply with the law in 2014 and in the second phase in 2015, companies with 999 to 100 employees were asked to comply.
AED500 fine from January 1
Humaid Al Qatami, Chairman of the Board and Director General of DHA said that exceeding the 4 million mark is a testimonial to the level of awareness that Dubai residents have about the importance of the insurance law in preserving their safety and health. He added that it also reaffirms their trust in the health services, programs and initiatives of the authority.
Authorities have earlier said that there will not be any more extension for getting the mandatory insurance cover after December 31.
Companies that fail to provide medical insurance could face fines of up to AED500,000 after the deadline.
Individual sponsors whose dependents are not given access to any health insurance will pay a penalty of AED500 every month. Dependents include spouses, children, maids, drivers, cooks and nannies.
The DHA has approved 46 health insurance companies for providing the mandatory scheme to employers and sponsors.
These include two takaful and seven conventional insurance companies that provide an essential benefits package for those who earn less than AED4,000 a month.
The essential package starts from AED600 and it covers inpatient, outpatient, maternity and emergency services.